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Square Instant Transfers

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4.3 out of 5 stars

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Square Instant Transfers Reviews & Product Details

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Square Instant Transfers Reviews (10)

Reviews

Square Instant Transfers Reviews (10)

4.3
10 reviews

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Tyler F.
TF
Student/Unemployed
Small-Business (50 or fewer emp.)
"Amazing Way To Manage Payments"
What do you like best about Square Instant Transfers?

I love the speed and convenience of using Square Deposits. The user interfaces and user experience is top notch, and the cost isn't bad at all. I can't recommend Square enough! Review collected by and hosted on G2.com.

What do you dislike about Square Instant Transfers?

I've been trying to think of something I don't like about Square, and honestly nothing is coming to mind right now. I really enjoy the product and it solves a lot of solutions for us. Review collected by and hosted on G2.com.

Verified User in Mental Health Care
AM
Small-Business (50 or fewer emp.)
"Square deposits review"
What do you like best about Square Instant Transfers?

When I did use it, it was handy to have my deposits pushed directly into my bank accounts. Also, it was nice to have such easy access to all of my transactions at my fingertips. Review collected by and hosted on G2.com.

What do you dislike about Square Instant Transfers?

It wasn't enjoyable to use an external device to plug into my phone. If I was not at my office and a client called me to make a payment, it was much harder to use Square Deposits than my current provider. Review collected by and hosted on G2.com.

Casie W.
CW
Owner
Small-Business (50 or fewer emp.)
"Square Deposits, Great for beginners"
What do you like best about Square Instant Transfers?

While we used square, it was a straightforward dashboard and even easier to send and receive deposits. Square makes it incredibly easy to start your business fast. Review collected by and hosted on G2.com.

What do you dislike about Square Instant Transfers?

We no longer are on Square as they suspended our account with no ability to appeal. The appeal process just simply does not exist with square. If Square decides that you are not worthy, regardless of showing all required documentation, they will suspend your account without warning. Review collected by and hosted on G2.com.

Ashley P.
AP
Owner
Small-Business (50 or fewer emp.)
"Obsessed with square"
What do you like best about Square Instant Transfers?

Square offers instant deposits which makes life super easy. No waiting period. They also will offer capital based on your behavior. It’s definitely helped with growing the business. Square has a really great app for different activities and a super simple interface. They also offer a lower transaction fee if you deposit enough cash. They also just added estimates, proposals and contracts which I’m obsessed with! Review collected by and hosted on G2.com.

What do you dislike about Square Instant Transfers?

They charge 1.5% for instant deposit which I’m not a fan of. We can deposit in 3 days for free but sometimes you just need it right away. They recently raised the price for instant deposit so I don’t love that at all. There’s also a waiting period when you first enroll barring you from instant deposit but it’s not a long period. Review collected by and hosted on G2.com.

Verified User in Consumer Goods
UC
Small-Business (50 or fewer emp.)
"Great Choice for Payment Processing"
What do you like best about Square Instant Transfers?

Easy to use, great user experience and interface Review collected by and hosted on G2.com.

What do you dislike about Square Instant Transfers?

Wish there were more customization features Review collected by and hosted on G2.com.

KP
Barista
Food & Beverages
Small-Business (50 or fewer emp.)
"Square Deposits has been the best direct deposit system I've ever used."
What do you like best about Square Instant Transfers?

In my 1.5 years of using it, I've never had an issue with Square Deposits. At my old job we used a dated system which I continually had to reconnect my bank to. It got to the point where I just accepted paper paychecks and did manual deposits. Square Deposits is wonderful for anyone who is tech savvy and on-the-go. Review collected by and hosted on G2.com.

What do you dislike about Square Instant Transfers?

What I dislike about Square Deposits is the timing it uses. For example, I get paid every Friday for 2 Sundays before then, to the Monday before payday. It's super weird and confusing. Review collected by and hosted on G2.com.

KP
Programs, Events, Directing Administrator
Small-Business (50 or fewer emp.)
"Reliable and easy to use for our business"
What do you like best about Square Instant Transfers?

Square has always been our go to when we are running events. It is easy to take our square anywhere not only to do transactions but also to deposit our earnings into our local checking account for our business. Review collected by and hosted on G2.com.

What do you dislike about Square Instant Transfers?

Haven't had a feature I didn't like. Square has been easy to use with no complaint so far. Review collected by and hosted on G2.com.

Verified User in Design
UD
Small-Business (50 or fewer emp.)
"Square Deposits - Simple & Intuitive"
What do you like best about Square Instant Transfers?

Square Deposits is extremely easy to setup and deposits times/dates are customizable. You choose what account your money goes into and when. Including options for instant deposit. Review collected by and hosted on G2.com.

What do you dislike about Square Instant Transfers?

The only downside to Square Deposits is that they have a Square business debut card, so I rarely ever would need to fully utilize square deposits. So, really, that isn’t a very big downside. Review collected by and hosted on G2.com.

Verified User in Food & Beverages
UF
Small-Business (50 or fewer emp.)
"Super Easy! "
What do you like best about Square Instant Transfers?

Comes in our account the next day. Everything is done in order and the fees are subtracted which means less to think about for us! Review collected by and hosted on G2.com.

What do you dislike about Square Instant Transfers?

Bank holidays are not advertised beforehand so you don’t know that your money won’t be accessible for another day which almost caused a huge problem for us, otherwise it’s been great! Review collected by and hosted on G2.com.

Christin L.
CL
Hairstylist
Mid-Market (51-1000 emp.)
"Love this "
What do you like best about Square Instant Transfers?

There are a lot of helpful things about this software. One of the most helpful as it will deposit your funds directly into any account that you link. There are different options to choose from whether it be same day or 1-2 business days for a small fee Review collected by and hosted on G2.com.

What do you dislike about Square Instant Transfers?

So far I can’t say that there Is anything unhelpful about the software. Some people may not like the fees associated with instant deposit but I’m OK with it Review collected by and hosted on G2.com.

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